Real Estate Appreciation for Cedar Rapids, Iowa: + 69.08%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Cedar Rapids, Iowa MSA appreciated + 69.08% (+ 4.93% yearly) between 1993 and the end of 2006.
The state of IA had + 87.65% total appreciation (+ 6.26% yearly).
The state average for Iowa was higher than the real estate appreciation in the Cedar Rapids, Iowa MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 26.88% faster than this MSA.
Cedar-Rapids-IA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Cedar Rapids, Iowa .
Lets look at Central City, Iowa, a city located in Cedar Rapids, Iowa MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Central City, Iowa check out Spec-Loan.com
If you were going to do a Central City, Iowa Refinance, or Central City, Iowa Reverse Mortgages, you could estimate your home value.
If you knew your Central City, Iowa home was worth $99,000.00 in 1993, you could multiply by + 69.08%, add the gain and see the home should be worth $167,387.86 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cedar-Rapids-IA from 1993 to 2006:
+ 4.93%
Appreciation Comparisons
The top 5 performing MSAs from 1993 to 2006 were Salinas-CA, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, Bend-OR, Flagstaff-AZ-UT, and Phoenix-Mesa-Scottdale-AZ .
- Salinas-CA increased +247.88% from 1993 to the end of 2006
- Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +240.91% from 1993 to the end of 2006
- Bend-OR increased +230.33% from 1993 to the end of 2006
- Flagstaff-AZ-UT increased +228.96% from 1993 to the end of 2006
- Phoenix-Mesa-Scottdale-AZ increased +223.72% from 1993 to the end of 2006
Zip Code in MSA: 52214 - CENTRAL CITY, IA
MSA Pop: 242744Zip Pop: 3309
Avg Value: 99000
County: LINN
Elev: 732
Region: Midwest
Lat: 42.18114
Long: -91.49136